Powering Forward with Solar

$984
75% to 99%
of electricity
$17,657
5.6%
Property
- Owner:
- Michelle Vrotsos
- Type:
- Residential
- Address:
- 1042 Jasmine Dr, Indian Land, SC 29707
- Size:
- 3,100 sq ft
- Energy need met:
- 75% to 99% of electricity
Technology
- Type:
- Solar PV
- Installed:
- May 2020
- Size of System:
- 17.16 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $36,036
- Value of Tax Credits:
- $18,378
- Net Cost of System:
- $17,657
- Annual Savings:
- $984
- Own or Lease:
- Purchase with Loan
- Additional Financial Notes:
- No money up front, first payment after 60 days, fixed monthly payments, 20 year term loan, will pay it off in 7 years with no prepayment penalty or transfer to new homeowner at sale of the home with no transfer fee - whichever comes first. Expecting over 3% increase in appraised value like we did with our first home we sold with solar.
Professionals & Suppliers
- Installers:
- Renu Energy Solutions
- Financing:
- Dividend Solar
What You Need to Know
Description:
System was installed in 2 days due to heavy rain/lightening, otherwise would have been installed in one day. The install team all showed up in branded trucks, vans, and trailers. All wore Renu installation clothing. The electricians did a fantastic job hiding the conduit pipe down the ride of my house, making it virtually invisible.
Other Benefits:
The neighbors got to visit and ask questions on installation day. A week later one neighbor signed up with Renu to get solar installed on their home.
Maintenance Requirements:
No expected maintenance, will be able to view the system's production on a cell phone app or desktop computer in real time and historical.
Efficiency or Sustainability Improvements:
LED lighting and new energy efficient electric LG appliances (washer/dryer, dishwasher, refrigerator, oven/stove, microwave, TV).
My Motivation:
New home and wanting to control the monthly payments. Investment to increase the resale value of the home. Clean energy for the house and power the electric vehicle
Advice:
You can do your research, or you can make the process a lot easier and trust the experience of others who have done their research and concluded that Renu Energy Solutions is the right solar installer for them.
Experience with Installer:
Took care of everything from start to finish. Friendly, Professional, Courteous, On-time, Clean, Organized, Excellent Communication.
Additional Notes:
The installers were safe despite the strong storms, waited them out, and finished the project with grace.
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